Europe

CONCLUSION: ACCURATE WITH CONSIDERATION. The €500 million figure quoted by the SDLP is substantiated by European Commission figures for EU regional funding of Northern Ireland. However, this is not a ‘net’ figure and does not take into account Northern Ireland’s proportion of the UK’s contribution to the EU. A more complete statement would be to say that Northern Ireland receives €55/£45 million more than we pay to the EU.Continue reading Does the EU send NI €500m annually?